The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Tadong branch in East Sikkim, Tadong, Sikkim, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in East Sikkim or anywhere in Sikkim can transfer funds instantly by using the correct IFSC Code BKID0005079. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Tadong, East Sikkim

Here are some of the key details that come with the IFSC Code BKID0005079 of Bank Of India for its branch located in East Sikkim, within the district of Tadong in the state of Sikkim.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005079
Branch Tadong
City East Sikkim
District Tadong
State Sikkim
Address Deki Khangsar Housem P Golai Middle Tadonggangtokdistrict East Sikkim 737101

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in East Sikkim for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0005079 for the Tadong branch of Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Tadong, East Sikkim, Sikkim, are given a unique IFSC like BKID0005079 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in East Sikkim.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like East Sikkim and Tadong.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Tadong goes to the correct branch. This is important because Bank Of India has thousands of branches in Sikkim and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0005079

The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tadong in East Sikkim.

For example, the IFSC Code BKID0005079 of Bank Of India for the Tadong branch includes these elements, identifying the bank and the branch location in East Sikkim and Sikkim correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005079 of Bank Of India for its Tadong branch located in East Sikkim, the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of India branches in East Sikkim and Tadong, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Tadong or East Sikkim to get the exact IFSC Code BKID0005079.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and East Sikkim, you'll get the correct details.

How to Use IFSC Code BKID0005079 for Online Transfers?

If you have the IFSC Code BKID0005079 for the Tadong branch of Bank Of India in East Sikkim, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005079. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Bank Of India IFSC Code BKID0005079.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Tadong in East Sikkim, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Tadong, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in East Sikkim to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Tadong, East Sikkim?

The IFSC Code is BKID0005079.

Is the IFSC Code BKID0005079 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Tadong?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tadong branch?

The address of the branch is Deki Khangsar Housem P Golai Middle Tadonggangtokdistrict East Sikkim 737101 located in East Sikkim, Tadong, Sikkim.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.